For the Santa Barbara Real Estate area of Goleta Real Estate North for the first 2 months of ’10 the Home Estate/PUD sales are down from 24 to 19 but the median sales price has declined only slightly from $692,000 to $680,000. The average sales price has actually gone up from $704,700 to $718,744 and the new listings are way up from 37 in ’09 to 50 in ’10. The escrows are also up from 22 to 25 but the median list price on those 25 has fallen from $775,000 in ’09 to $749,000 in ’10. Right now there are 72 Home Estate/PUDs available for purchase in the Goleta North area with a median list price of about $1 million and an average list price of about $2.16 million.
For the Santa Barbara Real Estate area of Goleta Real Estate North for the first two months of ’10 for the condo market there have been 4 sales this year compared to 1 last year with the median sales price for ’10 just above $460,000 and that 1 sale last year right at $460,000. The average sales price this year is $405,525 down from that $460,000 mark last year. New listings are down from 20 to 13 and escrows are also down from 9 to 6. The median list price on those escrows has declined from $324,900 to just $228,100. Right now there are just 17 condos available for purchase in the Goleta North area with a median list price of about $450,000 and an average list price of about $475,000.
Posted by gandlwoods at March 12, 2010 08:39 AM